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A 10-year US Treasury bond with a face value of $10,000 pays a coupon of 5.5% (2.75% of face value every 6 months). The semiannually

A 10-year US Treasury bond with a face value of $10,000 pays a coupon of 5.5% (2.75% of face value every 6 months). The semiannually compound interest rate is 5.2% (a six-month discount rate of 5.2/2 = 2.6%). what is the present value of the bond

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